General Electric (NYSE:GE)’s Power Conversion, engineering chief Vlatko Vlatkovic said the company studied the product and determined that it will almost be a niche product. The executive commented, It’s almost impossible to do a good fuel cell without platinum as a catalyst … Very little goes in, but if you scale it up, there’s not enough platinum in the world. General Electric Company (NYSE:GE) shares after opening at $25.58 moved to $25.85 on last trade day and at the end of the day closed at $25.81. Company price to sales ratio in past twelve months was calculated as 1.79 and price to cash ratio as 2.94. General Electric Company (NYSE:GE) showed a positive weekly performance of 2.14%.
Cemex SAB de CV (ADR) (NYSE:CX)’s shares fell 1.47% to $12.77. The company on Mar. 25 announced that CEMEX Finance LLC, an indirect subsidiary of CEMEX, has commenced a tender offer to purchase up to U.S.$1,080 million (the “Aggregate Maximum Tender Amount”) of the outstanding 9.250% Senior Secured Notes due 2020 (the “2020 Notes”) issued by CEMEX España, S.A., acting through its Luxembourg Branch, and 9.000% Senior Secured Notes due 2018 issued by CEMEX, subject to purchase in accordance with the acceptance priority level for each series of Notes and possible proration as described in CEMEX Finance’s Offer to Purchase dated March 25, 2014. Cemex SAB de CV (ADR) (NYSE:CX) shares fell -0.31% in last trading session and ended the day on $12.73. CX return on equity ratio is recorded as -10.40% and its return on assets is -3.00%. Cemex SAB de CV (ADR) (NYSE:CX) yearly performance is 9.18%.
PulteGroup (NYSE:PHM) was downgraded by investment analysts at Barclays from an “equal weight” rating to an “underweight” rating in a note issued to investors on Tuesday, Stock Ratings Network reports. PulteGroup, Inc. (NYSE:PHM) shares moved up 0.59% in last trading session and was closed at $18.68 while trading in range of $18.39 – $18.91 – PulteGroup, Inc. (NYSE:PHM) year to date (YTD) performance is -8.07%.
D.R. Horton (NYSE:DHI) has been given a consensus rating of “Hold” by the seventeen brokerages that are covering the stock,AnalystRatings.Net reports. D.R. Horton, Inc. (NYSE:DHI) weekly performance is -2.88%. On last trading day company shares ended up $21.24. D.R. Horton, Inc. (NYSE:DHI) distance from 50-day simple moving average (SMA50) is -6.90%. Analysts mean target price for the company is $24.84.
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